Industrial Property Rights Protection and Entrepreneurship Development in Nigeria: The Economic Implication

K.M. Waziri

Abstract

The role of Industrial property in aiding the growth of entrepreneurship is enormous. The issues of SMEs to national economic growth, especially in developing economies in Nigeria cannot be overemphasised. One of the vital roles of entrepreneurship is accelerating the growth of SMEs. However, the entrepreneur is visible because of the development of Intellectual property and its protection. It is the hope and aspiration of every developing nation to achieve accelerated economic development. This can only be achieved through aggressive participation of the private sector and this role is assigned to the entrepreneur. But does this economic burden rest solely on the entrepreneur’s shoulders? It is this pertinent issue that would be looked at in this paper amongst others.

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